Newark Central Business District

Market Report

Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.

Median Size (sqft)

9,230

Compared to the rest of the Essex County market, the Newark Central Business District submarket has
smaller rates, so you should have no trouble finding a great deal in this discounted region.

Newark Central Business District Listing Supply

In the last 90 days, 521 listings have been listed,
so you'll want to check back regularly for new listings.
About 6% of the available space in the Newark Central Business District are subleases,
so you will probably need to sign a longer term lease with the landlord directly.
There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 9,230 sqft, there are still 0 office spaces below 2,000 sqft.
Most properties in this market are close to 15 stories.
Most buildings in this area were built in 1967
and are Class A.

Newark Central Business District Community

Finance and insurance are the dominant industries in this area.
Most of the residents of Newark Central Business District work from home.
Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Newark Central Business District.Research

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